Marketplace Wells Fargo API Connector

Wells Fargo API Connector

Kyriba

Bank Connectivity

Connector for reporting and real-time payments

Description

This connector uses API for data exchange between Kyriba and Wells Fargo to enable:

  • Instant (RTP®, FedNow), book transfer and international payments
  • Domestic low value (ACH) and high value (FedWire) 
  • Bank balance, intraday transactions and prior day statement

The connector works in parallel with the existing bank connectivity, expanding existing processes. API-based bank connectivity enables more frequent data retrieval and statuses to inform and accelerate decision-making. This enables faster decision-making as reporting will be quickly reflected on the existing worksheets.

APIs follow an instant request and response communication model, done with point-to-point secure communication and no files involved.

Additional resources about these capabilities:

  • Kyriba's eBook on instant payment initiatives here
  • API connectivity for payments here

 

Version

1.5.0